The Hindu Business Line : Thursday, August 21, 2008

INDUSTRY & ECONOMY

MINERALS: NSG support yes, but no uranium: Australia
New Delhi, Aug. 20 Ahead of the Nuclear Supplier Group’s crucial meeting to decide on N-commerce with India, Australia has reiterated that it is unlikely to supply uranium to non-Nuclear Non-Proliferation Treaty (NPT) signatories such as ...

ECONOMY: Dealing with the slowdown
Marketers may get around inflation by shifting to digital and below-the-line advertising.. It’s a bit of a chicken-and-egg situation,” says Charles Carneiro, Head (Marketing and Corporate Communications) of the Bird Group (India), ...

REGULATORY BODIES & RULINGS: TRAI seeks regulation over television content
Wants audience rating process to be opened to bids. New Delhi, Aug. 20 The Telecom Regulatory Authority of India wants the industry-led body, Broadcast Audience Research Council, to start its audience measurement activities by January next ...

ENVIRONMENT: ‘Changing lifestyles leading to more garbage in Chennai’
Scientific recycling of waste stressed to save environment. Chennai, Aug. 20 The Chennai-based Neel Metal Fanalca Environment Management Pvt Ltd, a joint venture between Neel Metal Products Ltd, India and Fanalca, S.A Colombia, has said that ...

TOURISM: AP in talks with Orissa for circuit train project
With Karnataka backing out from the Southern Splendor project, (the circuit train connecting all major tourist destinations in the South) Andhra Pradesh is talking to Orissa to join the ...

TAXATION: ONGC to reimburse service tax dues to shipping cos
Tax on marine logistics provided to oil cos. Mumbai Aug. 20 Shipping companies are set to get some financial relief, with ONGC committing to reimburse them the service tax dues pending from last ...

TAXATION: Ministry sees scope for higher direct taxes share in overall tax kitty
‘Controlling deficit vital in inflationary situation’. New Delhi, Aug. 20 The Finance Ministry sees scope for increasing the share of direct taxes in the overall tax kitty of the country, noting that the current level of 35 per ...

REAL ESTATE & CONSTRUCTION: Salarpuria Group investing Rs 3,000 cr in pan-India projects
Bangalore, Aug. 20 Real estate developers Salarpuria Group plans to invest about Rs 3,000 crore in 12-14 projects across the country. ...

EVENTS: Focus on preparing entrepreneurs to meet global challenges
Bangalore, Aug. 20 The Indus Entrepreneurs (TiE) should focus on a diverse set of industries, while maintaining its emphasis on technology companies, said Mr Gopalakrishnan, CEO and Managing Director. ...

EVENTS: Seminar to focus on Chennai’s growth potential
Chennai, Aug. 20 Chennai’s economy is set to more than double by 2025 with the growth in manufacturing and services – this would bring with it the challenges of providing for quality living space for the population, which needs to ...

HUMAN RESOURCES: ‘Slowdown to have minimal impact on pay hikes in 2009’
Bangalore, Aug. 20 In a study of 150 companies, it was found that although 63 per cent of the companies have discussed the impact of the economic slowdown and the rising input costs on salary budgets for 2009, there would be minimal impact on ...

COURTS/LEGAL ISSUES: All ministries must have legal draftsmen: Chidambaram
New Delhi, Aug 20 The Finance Minister, Mr P. Chidambaram, on Wednesday suggested that every Ministry should have a legal draftsman post so that all orders, notifications are vetted by legal draftsmen to the point of precision and pass on the ...

COAL: Singareni workers to get 16% bonus
Hyderabad, Aug. 20 Employees of the State-owned mining company Singareni Collieries have been rewarded with a performance-linked bonus of 16 per cent for ...

TRADE & LABOUR UNIONS: No buzz

EVENTS: ‘Companies with green tilt have an edge in the global market’
Chennai, Aug. 20 Companies with a policy on environmental concerns are preferred business partners and suppliers globally, according to Mr Sudipta Das, Partner and National Leader, Environment and Sustainability Services, Ernst & Young Pvt ...

EDUCATION: ‘Gear up for challenges in tech-savvy banks’
Coimbatore, Aug. 20 The Associate Vice-President (Trade Finance and Corporate Management Service) of Kotak Mahindra Bank, Mr H. Vidyasagar, called upon students of management to prepare themselves to face the challenges and rapid changes in ...

EDUCATION: ICAI course on valuations from Oct 1
New Delhi, Aug. 20 The Institute of Chartered Accountants of India (ICAI) will launch a certificate course on “valuation” from October 1 to enhance the competitive edge of its members in the global services market. ...

RURAL DEVELOPMENT: IndusInd Bank inks Rs 150-cr deal with SKS Micro
Mumbai, Aug. 20 IndusInd Bank has entered into a securitisation deal in microfinance worth Rs 150 crore with SKS Microfinance. The first tranche of the Rs 100-crore transactions was closed on July 29 with the second tranche expected to ...

TWO/THREE WHEELERS: More tourist-friendly autos
The Tamil Nadu Tourism Department would extend the tourist-friendly autorickshaw scheme to major tourist centres across the State, the Tourism Secretary, Mr V. Irai Anbu, said here on Tuesday. The scheme, in vogue in Chennai, would be introduced ...

INDUSTRY ASSOCIATIONS: ‘Kraft paper mills in dire straits’
S outh Indian Kraft Paper Mills Association has expressed concern over the scarcity of wastepaper and imposition of power restrictions, which according to the association, is affecting kraft paper production. A meeting of the association in ...

STANDARDS & BENCHMARKS: ISO tag for Leela Kovalam
The Leela Kempinski Kovalam Beach Resort, owned by Hotel Leelaventure Ltd, has received ISO 22000 certification. The certification for the 182-room hotel was done by the Denmark-based Bureau Veritas group. The certification is valid for three ...